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Question 9 (1 point) Today, you borrowed $3,800 on your credit card to purchase some furniture. The interest rate is 19 percent, compounded monthly. How

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Question 9 (1 point) Today, you borrowed $3,800 on your credit card to purchase some furniture. The interest rate is 19 percent, compounded monthly. How long will it take you to pay off this debt assuming that you do not charge anything else and make regular monthly payments of $100? 4.88 years 6.40 years 6.93 years 58.59 years

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